Get the hell out of the stock market

[chucklenut]

But now movies are able to be downloaded and netflix'd. During the recession I think the movie theater companies (AMC, regal, etc) didn't do well.

ya, but the folks making them and creating streaming services are doing really well

its known as creative destruction. the movie theatres suck and are being replaced by streaming networks who employ alot of people as well

 

[araomd]

Take a deep breath...

https://www.oaktreecapital.com/docs/default-source/memos/on-the-couch.pdf

 

[VanillaGuerrilla]

https://uk.finance.yahoo.com/news/iran-sanctions-middle-east-stock-102835505.html


Thanks a lot Obama.

 

[AKguy]

Too late for me. I'm gonna have to ride it out.

 

[testdepth]

dont you mother ****ers start jumpin ship...every panic people get scared and everyone loses money..stay put or go to meduim risk investments..dont become the problem ..be the solution!

Yank it out and bury it!

 

[araomd]

Too late for me. I'm gonna have to ride it out.

Why too late? Don't think it can drop another 30%?

 

[SuperMario92]

There is also a student loan bubble starting to form. The student loan debt in this country is estimated to be close to $1.2 TRILLION recently (I can't remember where I saw this) and the rates on these loans for most of the federally backed loans are about 8%. The unsubsidized are AROUND 11-12%. If you combine this with the other domestic economic problems, this is a complete f*cking disaster.

http://www.marketwatch.com/story/the-us-education-bubble-is-now-upon-us-2015-11-09

I'm not predicting when this will happen, but it is going to happen. The writing is clearly on the wall.

Man, sucks to be in debt. I'm glad I HAVE NO SCHOOL LOANS. Yeah baby, my college is cash flowed.

 

[mickbear]

My stocks are doing fine

same here, PXSLY has has done just fine for me lately. bought in at around 0.50 a little while back and watching $3.60 now. its all in what (and where) you invest. i'm not a large diversify investor. i have just a few that i work with, mostly pharmaceuticals ( even though i did rather well back in 2004/2005 with china batteries CBAK). you cant play with scared money. if you cant afford to loose it ,dont do it.

 

[Piglatinhater]

If you cant afford to loose it, don't do it.

This, for pretty much everything in life.

 

[ugafanatic1980]

http://www.nytimes.com/interactive/...ronment/oil-price-supply-demand-imblance.html

Iran is flooding the market with oil now that they can trade with the West again. They're pretty much doing it to piss us off and kill the fracking we're doing domestically. FWIW I believe Saudi Arabia is doing it also to piss someone (I'm not sure who) off also.

If you want to make some money, wait until oil is >=$20/barrel and buy a boatload of Exxon or any other oil company's stock and sit back and wait for it to climb back north of $70/barrel.